Quote, unquote: Canwest Global shares said to be worth nothing

"Given the significant liquidity challenges facing the company, we see no residual value in the shares of Canwest," -- BMO Capital Markets analyst Tim Casey.

"We see no compelling reason to own, let alone buy Canwest shares, which we would continue to avoid," -- National Bank Financial analyst Adam Shine.

"We continue to believe there is significant risk Canwest is forced into bankruptcy protection or to sell assets at unfavorable prices or a massive debt restructuring. Either way, we believe Canwest equity value is very limited." His target price on the shares is zero. -- GMP Securities analyst Jason Jacobson.

-- Analysts quoted in a Toronto Star story about the travails of CanWest Global Communications. (Canwest shares were at 30.5 cents on the Toronto Stock Exchange)